Seasoned mortgage executive will oversee strategic growth and new tech initiatives
Wholesale mortgage lender The Loan Store has appointed Jason Lee (pictured) as its new president.
As president, Lee will oversee the lender’s strategic direction and operational initiatives, focusing on expanding product offerings and improving the experience for wholesale partners.
Lee brings over 20 years of experience in mortgage banking and capital markets, including his most recent role as executive vice president and head of capital markets at Flagstar Bank. In his time at Flagstar, Lee was credited with leading initiatives in secondary marketing, interest rate risk management, and loan trading.
“Jason’s track record of success, combined with his deep understanding of the mortgage landscape, positions him as the ideal leader to take The Loan Store to new heights,” The Loan Store CEO Phil Shoemaker said in a Press release. “His vision and expertise will undoubtedly drive innovation, strengthen relationships with our partners, and solidify our standing as a trusted leader in the wholesale lending market.”
“I am honored to join The Loan Store at such an exciting time,” said Lee. “The company’s commitment to exceptional service and innovative lending solutions aligns perfectly with my passion for driving meaningful growth in the mortgage space. I look forward to working alongside this talented team to build on The Loan Store’s impressive legacy.”
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Lee’s reputation for innovation aligns with The Loan Store’s recent technology advancements. The lender recently integrated Gateless’ Smart Underwrite platform to streamline its underwriting process.
The Smart Underwrite platform leverages artificial intelligence to analyze credit, income, and asset data in real time, reducing the back-and-forth typically associated with loan approvals. By automating complex tasks, the technology is designed to expedite loan processing, allowing partners to close deals faster and with fewer administrative hurdles.
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